Borisova Alexandra
U.S. Economy Politization: Between Bush and Trump
Publication Type:

ISSN 2686-6730

DOI 10.31857/S032120680000016-1

The article is devoted to the origins of post 2008 economic crisis trend to politization in US financial sphere. It covers the period from year 2007 till the end of President Obama's first administration and shows how personal factor influenced political rise of Treasury Department of the USA and Federal Reserve System. The article reads about H. Paulson's, T. Gaitner's and B. Bernake's struggle to overcome economic crisis on the one hand, and to confront harsh opposition of the US Congress on the other hand. The paper shows how exactly today's appointees: Secretary of Treasury Steven Mnuchin, Chairman of the Fed Jerome Powell, Director of the National Trade Council Peter Navarro and United States Secretary of Commerce Wilbur Ross got the power and the influence they are exercising and how it can affect American economic and foreign policy in the long term.

Keywords: financial crisis | USA | decision-making process | personal factor | Federal Reserve System | United States Department of the Treasury | domestic politics | too big to fail |

Russian Science Citation Index


Kirichenko Elina
Economic Policy Formation: Decision Making Process

Baikov N.
Организационные структуры Министерства энергетики США и Министерства нефти и энергии Норвегии / Н.М. Байков // Нефтяное хозяйство = Neftyanoe Khozyaistvo - Oil Industry. – 2009. – № 5. – С. 114–118.

Borisova Alexandra
Человек в американских теориях принятия политических решений [Текст] / А.Р. Борисова // Вестник Пермского университета. Серия: Политология. – 2017. – № 3. – С. 25–40.

Bunina Anastasia
A Model of Foreign Policy Decision-Making Factors in theU.S. Congress

Sidorova Elena
Anti-crisis programmes in Germany and Great Britain / Sidorova E.A. // World Economics. – 2010. – No 4. – 2010. – P. 29-37.

Mikheev Vasily , Lukonin Sergey, Ignatev Sergei
Внутренняя политика Китая накануне съезда [Текст] / В.В. Михеев, С.А. Луконин, С.В. Игнатьев // Russia Policy Review. – 2017. – Т. 1. – № 1. – С. 4-15.

Kirichenko Elina
Антикризисная политика США / Э.В. Кириченко // Международная экономика. – 2009. – № 11. – С. 5–14.

Rudenkova Daria
Lobbying in the European Union: legitimacy crisis. – Moscow, IMEMO, 2017. – 120 p.

Gutnick Anna
Economic crisis in the UK: it’s specific features and measures undertaken to overcome it

Rovinskaya Tatiana
Механизмы участия средств массовой информации в экологической политике / Т.Л. Ровинская // Политическая наука. – 2010. – № 2. – С. 177–202.

Afontsev Sergey
Transforming Research Results into Policy Advice: Political Economy Perspective

Afontsev Sergey
Crisis Management in Global Finance.

Portansky Alexey
Игра по правилам или право сильного. Что ждет мировую торговлю? // Мир перемен. 2021. № 2. С. 70-83. DOI 10.51905/2073-3038_2021_2_70.

Prokhorenko Irina
Autonomous Communities of Spain in the Political Space of the European Union / Prohorenko I.L.

Kirichenko Elina
Экономическая программа администрации Трампа: перспективы и ограничители [Текст] / Э.В. Кириченко // Международная экономика. – 2017. – № 8. – С. 32-44.

Mirkin Yakov
Российская модель / Я.М. Миркин // Прямые инвестиции. – 2012. – № 11. – С. 28–31.

Gadzhiev Kamaludin
Political consequences of the global financial crisis.

Pacific Asia: Economic & Political Consequences of the Global Financial Crisis. Ed. by V. Amirov, E. Kanaev and V. Mikheev (in Russian) Moscow, IMEMO RAN, 2010, 135 p.

Rudenkova Daria
Lobbying in the EU institutions

Podchasov Nikolay
Special Aspects of Bulgaria’s Foreign Policy under the GERB Party’s Governments (2009–2021) // National Strategy Issues. 2022. No. 4 (73). P. 256–282.
Related publications

Comments (0)

No comments

Add comment

First news
Institute News

A meeting of the Academic council of IMEMO was hold at the Academician N.N. Inozemtsev conference hall.



The next issue of the MEMO Journal (No. 7 for 2024) opens with the topical rubric "Security Problems in the Modern World", which features articles by A. Arbatov "The Bearing Structure of Global Security" and A. Krivopalov "The Southern Flank of U.S. Deployment in Eastern Europe".


Recently Published